Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

nope, it happens in "good businesses". once real money is on the line, everything is a dog fight. no one talks publicly because of the reputational repurcussions


not ime. you're also much more likely to get sued for this when real money is involved. cases that i know personally (and myself) either did ok and got pay out or everyone went to zero (below or close to strike price) but founders got secondaries (which screws VCs not the employees).


seen many many cases first hand in NYC. Also, as an individual its very hard to sue a company with a huge amount of VC funding. you need a 100k to burn on it to even have a basic chance, and most cases are a legal gray area, most lawyers wont even take the case.

even finding a lawyer with the expertise to handle a case like this is not easy, its a very small world among those types of lawyers


Make friends with lawyers.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: